Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falsetrue2022-01-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12544226 2022-01-01 2022-12-31 12544226 2021-01-01 2021-12-31 12544226 2022-12-31 12544226 2021-12-31 12544226 c:Director1 2022-01-01 2022-12-31 12544226 d:ComputerEquipment 2022-01-01 2022-12-31 12544226 d:ComputerEquipment 2022-12-31 12544226 d:ComputerEquipment 2021-12-31 12544226 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 12544226 d:CopyrightsPatentsTrademarksServiceOperatingRights 2022-12-31 12544226 d:CopyrightsPatentsTrademarksServiceOperatingRights 2021-12-31 12544226 d:ComputerSoftware 2022-12-31 12544226 d:ComputerSoftware 2021-12-31 12544226 d:CurrentFinancialInstruments 2022-12-31 12544226 d:CurrentFinancialInstruments 2021-12-31 12544226 d:Non-currentFinancialInstruments 2022-12-31 12544226 d:Non-currentFinancialInstruments 2021-12-31 12544226 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12544226 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 12544226 d:ShareCapital 2022-12-31 12544226 d:ShareCapital 2021-12-31 12544226 d:RetainedEarningsAccumulatedLosses 2022-12-31 12544226 d:RetainedEarningsAccumulatedLosses 2021-12-31 12544226 c:FRS102 2022-01-01 2022-12-31 12544226 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 12544226 c:FullAccounts 2022-01-01 2022-12-31 12544226 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 12544226 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2022-01-01 2022-12-31 12544226 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-01-01 2022-12-31 12544226 d:ExternallyAcquiredIntangibleAssets 2022-01-01 2022-12-31 12544226 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2022-01-01 2022-12-31 12544226 d:ComputerSoftware d:OwnedIntangibleAssets 2022-01-01 2022-12-31 12544226 e:PoundSterling 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 12544226









BEEM ENTERPRISES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
BEEM ENTERPRISES LIMITED
REGISTERED NUMBER: 12544226

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Intangible assets
 4 
694,370
15,215

Tangible assets
 5 
87
236

  
694,457
15,451

Current assets
  

Debtors: amounts falling due after more than one year
 6 
7,400
-

Debtors: amounts falling due within one year
 6 
32,831
10,901

Cash at bank and in hand
 7 
1,355
979

  
41,586
11,880

Creditors: amounts falling due within one year
 8 
(1,431,415)
(373,436)

Net current liabilities
  
 
 
(1,389,829)
 
 
(361,556)

Total assets less current liabilities
  
(695,372)
(346,105)

  

Net liabilities
  
(695,372)
(346,105)


Capital and reserves
  

Called up share capital 
  
5,000
5,000

Profit and loss account
  
(700,372)
(351,105)

  
(695,372)
(346,105)


Page 1

 
BEEM ENTERPRISES LIMITED
REGISTERED NUMBER: 12544226
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 March 2024.




M Crasneanu
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Beem Enterprises Limited is a private company limited by shares, incorporated in England and Wales
(registered number 12544226). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH..

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The director has obtained assurances from the shareholder and creditors to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 5

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Intangible assets




Trademarks
Computer software
Total

£
£
£



Cost


At 1 January 2022
16,868
-
16,868


Additions
-
680,842
680,842



At 31 December 2022

16,868
680,842
697,710



Amortisation


At 1 January 2022
1,653
-
1,653


Charge for the year on owned assets
1,687
-
1,687



At 31 December 2022

3,340
-
3,340



Net book value



At 31 December 2022
13,528
680,842
694,370



At 31 December 2021
15,215
-
15,215



Page 6

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 January 2022
447



At 31 December 2022

447



Depreciation


At 1 January 2022
211


Charge for the year on owned assets
149



At 31 December 2022

360



Net book value



At 31 December 2022
87



At 31 December 2021
236

Page 7

 
BEEM ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Debtors

2022
2021
£
£

Due after more than one year

Other debtors
7,400
-

7,400
-


2022
2021
£
£

Due within one year

Other debtors
32,831
10,901

32,831
10,901



7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
1,355
979

1,355
979



8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
444,917
21,066

Other creditors
983,998
349,870

Accruals and deferred income
2,500
2,500

1,431,415
373,436


 
Page 8